6855 W 62nd AvenueArvadaCO80003
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Arvada at 6855 W 62nd Avenue, Arvada, CO, 80003 uses $149,175 cash to close to unlock $1,872/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $2,779/mo, and a $2,203/mo payment keeps the spread at $156/mo. Purchase price stands at $450,000, and rental yield measures 7.41% with $2,779/mo rent. Return on cash invested shows 21.16% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 109.08% and total cumulative return in cash records $162,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,779/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1959
7,536 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80003, Arvada, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,474 (100%) |
| Owner Occupied HU | 9,363 (69.5%) |
| Renter Occupied HU | 3,634 (27.0%) |
| Vacant Housing Units | 477 ( 3.5%) |
| Median Home Value | $593,100 |
| Average Home Value | $648,002 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
12,144
Multi-Family
2,155
Businesses
695
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